City offers eligible team members the opportunity to open Flexible Spending Account(s) through WEX. A flexible spending account is a tax-free account, in your name, that pays or reimburses you for qualified health care or dependent care expenses.

Your FSA contributions are made pretax (no employment or federal income taxes are deducted) through payroll deductions. When you receive a distribution from your FSA, the reimbursements are tax-free. You have an annual grace period, which gives you a two and a half month extended window in which to incur eligible expenses.